The 380 cSt average at the world's leading bunker port by volume sold, Singapore, fell to its lowest level since November during the month February, according to Bunker Index price data.

Singapore's 380 cSt average decreased by $13, or 3.8 percent, to $326 per tonne last month, down from $339 per tonne in January. The decline is the first in three months.

February saw Singapore's best-selling fuel grade record a low-to-high differential of $21, with a price range of $315 to $336 per tonne. The lowest price of $315 per tonne was seen on 1st February, whilst the month's highest price of $336 per tonne was quoted on 27th and 28th February.

The month ended with an assessment price of $333.00 per tonne, up $16.50, or 5.2 percent, on the $316.50-per-tonne figure recorded on the last trading day of January.

A full summary of current and historical prices in Singapore can be found by clicking on the following link: